A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Long-stalled TIFA Talks Resume in Late June The 11th Taiwan-US Trade & Investment Framework Agreements (TIFA) council meeting was convened virtually on June 30. It was the first such meeting to be held in nearly five years, and…

The numbering system used on foreign nationals’ alien resident certificates (ARCs) changed in January to match that of Taiwanese citizens’ IDs, removing a longstanding hindrance to carrying out everyday activities such as online banking, ticket booking, and registration for medical appointments. Before the change was made, whether an ARC number could be entered successfully online…

The revised cosmetics law shows promise, but implementation issues remain. Of the eight issues raised the previous year that AmCham Taipei’s 2019 Taiwan White Paper deemed to have been fully resolved, half related to a single industry – cosmetics: Clarifying the definition of cosmetics under the law to avoid creating technical barriers to trade. Clearly…

A “member-choice” system is due to get a two-year trial. Taiwan has historically been conservative in its approach to pensions, preferring to assure its citizens a guaranteed if modest return. But as AmCham Taipei has long argued in its annual Taiwan White Paper, that approach is not necessarily in the best interest of all investors….